On 1 Jan 2017 Wilderness acquired 100% of the share capital of Mossel, whose only activity is the extraction and sale of spa water.

Mossel had been profitable since its acquisition, but bad publicity resulting from several consumers becoming ill due to a contamination of the spa water supply in June 2020 has led to unexpected losses in the last six months.

The carrying amounts of Mossels assets at 31 Dec 2020 are:

	$000
Brand (Quencher see below)	7,000
Land containing spa	12,000
Purifying and bottling plant	8,000
Inventories	5,000
	32,000

The source of the contamination was found and it has now ceased. The company originally sold the bottled water under the brand name of Quencher, but because of the contamination, it has rebranded its bottled water as Phoenix. After a large advertising campaign, sales are now starting to recover and are approaching previous levels. The value of the brand in the statement of financial position is the depreciated amount of the original brand name of Quencher. The directors have acknowledged that $1.5 million will have to be spent in the first three months of the next accounting period to upgrade the purifying and bottling plant. Inventories contain some old Quencher bottled water at a cost of $2 million; the remaining inventories are labelled with the new brand Phoenix. Samples of all the bottled water have been tested by the health authority and have been passed as fit to sell. The old bottled water will have to be relabelled at a cost of $250 000, but is then expected to be sold at the normal selling price of (normal) cost plus 50%. Based on the estimated future cash flows, the directors have estimated that the value in use of Mossel at 31 Dec 2020, calculated according to the guidance in IAS 36, is $20 million. There is no reliable estimate of the fair value less cost to sell of Mossel.

Required: Calculate the amounts at which the assets of Mossel should appear in the consolidated statement of financial position of Wilderness at 31 Dec 2020. Your answer should explain how you arrive at your figures.